Pop's Bourbon Barrel is a company in Northwest Michigan. On December $31$ it had the following

account balances:

Service Revenue, $$38,000$

Deferred Revenue, $$3,800$

Interest Income $$1,100$

Prepaid insurance, $$2,800(12$ month annual policy$)$

Note Payable, $$8,500$ at $5\mathrm{.}7\%($due February $15$th$)$

Supplies, $$1,300$

Supplies Expense, $$100$

Salary Expense, $$18,000$

Interest Expense $$120$

Additional information at December $31$ included:

$1.$ The company pays $$3,300$ in salaries every two weeks $(10$ working days$).$ The next pay day is

Friday, January $4$th$.$

$2.$ Insurance policy was purchased October $1$st

$3.$ Money was borrowed on the note payable on September $31$

$4.$ Supplies on hand, $$485$ at December $31.$

$5.$ On December $27$th$.$ the company received a vendor shipping notice relating to $$1,482$ of supplies.

They received the supply shipment on January $3$rd$.$

$6.$ Deferred revenues relates to customer prepayments for holiday football parties. All revenues were

earned except for $$1,520$ for college bowl football parties during the first week of January.

Prepare adjusting journal entries for the above information.

How much did Jamison's net income change after their adjusting entries?